Improved shelf life, enhanced choke resistance & child safety along with tamper evident packaging are among the key factors driving the product demand. Reduced environmental impact due to low plastic consumption and accommodating more shipment units in less space will support industry growth. High variation in raw material price trends due to fluctuating polymer costs may restrain product demand. Moreover, presence of packaging substitutes with substantial industry share pose a challenge for industry growth.

Corner stand-up pouch valves market catered for over 70% of the industry share in 2016. Improved ease in dispensing and enhanced mess free consumption due to convenient pouring position has enhanced the product demand. Moreover, additional fitments including side notches and handles particularly used in industrial application will further support industry growth.

Form Fill & Seal technique accounted for over 45% of the global demand in 2016. Highly automated assembly line with multi-purpose functions including valve installation are the key factors driving the industry growth. Technological advancements including computer interfaces and control systems further enhanced the industry demand.

Food & beverages applications are expected to grow at over 6.5% up to 2024. High product adoption scope in sauces, baby food and sticky & pasty products are the key factors fueling stand-up pouch spouts market growth. Rising packaged food demand due to growing consumer income will provide positive outlook for industry growth.

Asia Pacific accounted for more than 35% of the stand-up pouch spouts market share in 2016. Cost-effectiveness and packaging durability are among key factors driving regional demand. Moreover, growth in food & beverages and household care industry will support the product demand.

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Global stand-up pouch valves market share is highly fragmented owing to the presence of large number of international as well as regional industry players. Scholle IPN, Menshen, Falakpack, Glenroy, Pacificbag, Smurfit Kappa, Liqui-Box, Wilk Group, Swisspack and Gualapack Group are among key industry players. Collaborations and supply agreements with pouch manufacturers along with mergers & acquisitions are major strategies adopted by manufacturers.

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High-Barrier Pouches Market Forecast, 2017 – 2024

Global High-Barrier Pouches Market size was worth over USD 1.5 billion in 2016 and will surpass 650 kilo tons by 2024. North America will witness growth over 6.5% in terms of revenue up to 2024. Increasing consumer preference for liquid diet particularly in the U.S. will propel industry demand. U.S. food packaging sales surpassed 35 billion units in 2016.

Flexible Packaging Market size was valued at over USD 150 billion in 2015, increasing at more than 5% CAGR from 2016 to 2024. Stand up pouches and pillow pouches are most widely used flexible packaging products. Pillow pouches will witness high gains because of their increasing usage in food & beverages and dairy industry.

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